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Bargaining power and market power: approaches to separation for the purposes of antitrust policy
[Переговорная Сила И Рыночная Власть: Подходы К Разделению Для Целей Антимонопольной Политики]

Author

Listed:
  • Morozov, Anton (Морозов, Антон Н.)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Pavlova, Natalia (Павлова, Наталья С.)

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

At first glance, the effects of market power on one side of the market are similar to the effects of asymmetric distribution of bargaining power. This is the source of their mistaken confusion. These effects include both distributional and coordination. However, some of the effects may be related to the distribution of winnings, for example, in favor of sellers, but not related to restricting competition (the so-called exclusionary practices). The prevailing approaches to law enforcement in Russia, based primarily on the concepts of market power, dominant position and abuse of dominance, give rise to the question of the need to find a new balance between the categories of restriction of competition and the effects of bargaining power.

Suggested Citation

  • Morozov, Anton (Морозов, Антон Н.) & Pavlova, Natalia (Павлова, Наталья С.), 2019. "Bargaining power and market power: approaches to separation for the purposes of antitrust policy [Переговорная Сила И Рыночная Власть: Подходы К Разделению Для Целей Антимонопольной Политики]," Working Papers 031910, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:wpaper:031910
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    More about this item

    Keywords

    bargaining power; bargaining power; buyer power; balancing power; dominant position;
    All these keywords.

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies

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